Welcome to the roundup of the latest updates from leading prop trading firms for March 2024. This month has been bustling with activity, featuring changes ranging from trading objectives and regulations adjustments to the introduction of new features and the phasing out of existing ones across various proprietary trading firms.
Key Updates from Prop Trading Firms
Let’s delve into the key updates provided by some of the most prominent prop trading firms, highlighting their commitment to enhancing trader experiences and offerings.
Funding Pips
Funding Pips introduced a flexible update, allowing traders to apply a discount code for evaluation account purchases, regardless of payment method—be it credit/debit card or cryptocurrency.
FundedNext
- Added two add-on options: “no minimum trading days” for evaluation and Stellar accounts, and a 125% refund on all funding programs.
- Major updates to the one-step Stellar Challenge, including a reduction in minimum trading days, an increase in initial profit split, and faster payout times.
The Funded Trader
- Adjusted leverage on commodities, reducing it significantly for certain instruments.
- Launched a generous 14-day free trial for new users.
True Forex Funds
Addressed minor issues on their MetaTrader5 platform, transitioning accounts to MetaTrader4, and announced the forthcoming addition of the cTrader platform.
FTMO
- Suspended services for US clients due to market segment conditions.
- Introduced withdrawals in any of the seven currencies offered on their platform.
MyFundedFX
Announced and launched a new three-step challenge funding program in two phases within January.
Finotive Funding
- Introduced a new two-step challenge, trading breaks on Finotive Pro accounts, account refresh, and refund features for one-step challenges.
- Implemented a guaranteed first monthly salary and updated Pro account consistency rules weekly.
- Removed risk and stop-loss rules on all challenge accounts.
Blue Guardian
Introduced Rise as a new, streamlined withdrawal method.
TopTier Trader
- Removed lot size limitation rule and introduced six unique add-on features for customized trading accounts.
Leveled Up Society
Reopened with three unique funding programs, welcoming traders globally.
Bespoke Funding
- Introduced a new growth plan and Rise as their latest withdrawal method.
Goat Funded Trader
- Launched their website in Spanish, introduced a scaling plan, and partnered with Purple Trading brokerage.
Forex Capital Funds
Introduced two new funding programs, expanding their offerings to traders.
As we move forward into 2024, it’s clear that prop trading firms are continually seeking ways to evolve and improve, offering traders more opportunities and flexibility. For more detailed insights into these March updates, be sure to check out our video summary.
